📈Trading Tip #5 - 𝐂𝐀𝐍𝐃𝐋𝐄 𝐒𝐓𝐈𝐂𝐊𝐒
🕯️Japanese candlesticks are used to describe the price action during the specified time frame.
Japanese candlesticks can be used for any period of time, whether it be:
🔶(W1) one week
🔶(D1) one day
🔶(H1) one hour
🧵[THREAD]

💡Tips
🔷If the close is ABOVE the open, then a green / white candle is drawn.
🔷If the close is BELOW the open, then a red / black candle is drawn
🔷The filled section of a candlestick is called the body
🔷Thin lines above & below the body (wicks) display the high/low range